Bitcoin Cryptocurrency News

Celebrating The History And Spirit Of Bitcoin Independence Day

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to Read more…

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Altcoin Cryptocurrency News

Chainlink (LINK) May See a Major Crash as Textbook Bear Signal Flashes

Chainlink has been one of the best-performing crypto assets of the past few weeks and months. Since the lows under $2 seen in March, the asset has more than quadrupled, trading as high as $9.00 earlier this week. The asset’s strong performance comes on the back of an influx of fundamental developments. READ: Ripple Vs. Read more…

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Cryptocurrency News DeFi

Ethereum co-founder rings caution bell on DeFi surge; critics reminded of ICO boom

Decentralized Finance (DeFi) applications are becoming what ICOs were in 2017-18 and what stablecoins were in 2019. The advent of venture funds, increased social sentiment, and promises of world-changing technology are a “been there, done that” narrative in cryptocurrencies. This time, it’s DeFi applications with their huge chest-thumping — with some projects even promising 100 Read more…

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Bitcoin Cryptocurrency News

3 Major Positives From the Crypto Market Meltdown

Yesterday’s meltdown of the crypto markets was not entirely negative, Bitcoin, although price dropped substantially, has remained resilient through its first financial crisis.  The network has stayed up, and even made a higher low than 2018, and the halving is less than 60 days away. 1. Crypto Markets Weather First Major Global Crisis Even though Read more…

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Altcoin Bitcoin Cryptocurrency News

Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos

Bitcoin has long been touted as an uncorrelated asset and surely enough, it has measured up to that narrative. The same can be said of gold. As major assets across the world feel the heat of chaos, Bi

The post Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos appeared first on AMBCrypto.

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Bitcoin Cryptocurrency News

Why Fund Managers Will Buy Bitcoin at $1 Trillion

Large funds are constrained by rules about profitability and portfolio balancing – hence they may be forced to shed assets like bitcoin that have the potential to return magnanimous gains. Diversification and Profitability Constraints Make Fund Managers Sell So far, stock selection rules and the fact that fund managers need to show profitability in their Read more…

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Cryptocurrency News Litecoin

Following Litecoin’s Halving, The LTC Hash Rate Crashing 70% To Its Yearly Low

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels. This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues Read more…